CRH PLC (CRH)

Is up 80% nearly 3 years, but down nearly 19% thanks to high oil prices and interest rates. They report on July 30. 

Are a disciplined acquirer from cement to aggregates, and recently bought a large company. He's been adding shares.

Will benefit from the AI buildout. They made a big acquisition today.

Building materials at the rough end. Good history of running the business and allocating capital, but cyclical. Times are tough. Don't worry too much about the short term, tune out any short-term noise.

Benefits from infrastructure projects. Believes it has a lot of exposure to roadwork asphalt, but also relatively diversified businesses that grow. Track record and dividend are good.

Likes it, but it doesn't do anything completely different than others. When it goes on sale, you can buy it for a trade.

Ready-mix concrete, cement, and aggregate (the crown jewel). UK company that's re-listing in the US as its primary listing. Undiscovered gem in US market. High quality. Taps into aging infrastructure of USA. Needed for activity around data centres and energy generation. Creates more demand for an already-tight supply market.

The environment will give it more scale, more pricing power. Well managed. Index inclusion ahead. Yield is 1.30%.

He's bullish materials in this macro climate, and CRH is the biggest of the bunch.

A very cyclical company in construction materials. Lower interest rates should help the flagging housing industry. Benefits from infrastructure spending and have reported good numbers recently.

Thinks this will do quite well in time. Growth by acquisition story. He has trouble with the debt on the books. A very good company, but it will be cyclical. You have to buy at the right time in the cycle. Put it on your watch list.